Wind Power

ARTICLES ABOUT WIND POWER BY DATE - PAGE 2

CHENNAI: Re-entering the solar business, Spain-based wind turbine manufacturer Gamesa today said it has bagged an order to install a 10MW plant in Tamil Nadu. The company would offer solar based EPC (engineering, procurement and construction) solutions for projects under the solar energy besides expanding inverter business, Gamesa India Chairman and Managing Director Ramesh Kymal said. "We have harnessed only 3.8 GW of solar power when we actually have tremendous opportunity to harness what is remaining of the 750GW (of solar energy)

CHENNAI: The Tamil Nadu Electricity Regulatory Commission has today ordered that the state electricity utility should observe in letter and spirit the "Must-Run" status accorded to wind energy generators by central regulatory authorities and state provisions. Disposing a petition, the commission said procedures should be followed before snapping off wind energy and the decision should be backed by data. The case exists as forcible unplugging of turbines has cost wind generators crores of losses over the last three years.

STEVENSON, ALABAMA: Google is converting an old coal-burning power plant in Alabama into a sleek data center running on renewable energy to fuel the additional computing capacity needed to process Internet search requests, show digital video, give directions, deliver email and store photos. The $600 million project announced Wednesday marks Google's first commitment in eight years to build a US data center. It will be the Internet company's 14th data center in the world, including six others in the US When it's completed, the Alabama data center is expected to create about 100 new jobs, Gov. Robert Bentley said Wednesday.

KOLKATA: Using auctions to procure renewable energy projects can be effective in meeting the government's dual goals of the deployment of ambitious renewable energy targets and meeting those targets cost-effectively, according to a recent analysis by Climate Policy Initiative and the Indian School of Business . "Our analysis demonstrates that auctions for renewable energy projects have the potential to help the government achieve India's ambitious...

NEW DELHI: BofA-ML, in its latest report, has initiated coverage on Inox Wind (IWL) with a buy rating and a target price of Rs 562, which translates into an upside of 20 per cent from Friday's closing price of Rs 468.20 on the BSE. The global investment bank sees growth in India's wind power sector at an inflection point, and forecasts 25% wind capacity CAGR in FY15-18. IWL will be a key beneficiary given its ability to provide turnkey services, access to over 4GW of wind sites, sophisticated technology & healthy balance sheet.

NEW DELHI: Techno Electric & Engineering today said its arm has sold 44.45 MW wind power assets worth Rs 215 crore in Tamil Nadu. "Simran Wind Project Ltd (SWPL), a 96.62 per cent subsidiary of the company, has sold 44.45 MW wind power assets situated in the state of Tamil Nadu at an effective valuation of Rs 215 crore," Techno Electric & Engineering said in a regulatory filing. Post this transaction, SWPL continues to hold 117.9 MW of wind power assets. Techno Electric along with its subsidiary SWPL will have a total portfolio of 162.9 MW of wind power asset after the transaction.

HYDERABAD: Andhra Pradesh government has decided to implement a comprehensive action plan to maked the state a renewable energy hub in the next four years. As part of this plan, the government has contemplated to achieve 5,000 MW solar power and 4,000 MW wind power by 2019 to meet the twin objectives of energy security and clean energy considerations, an official release issued here said. Impressed with the new solar and wind policy, KFW, a German Bank , has agreed to sanction Rs 515 crores at concessional rate of interest towards green energy corridor.

HYDERABAD: Andhra Pradesh Chief Minister N Chandrababu Naidu today invited China Harbour Engineering Company , a major infrastructure construction player, to explore the possibility of creating a Chinese industrial park which would have all Chinese firms under one roof. Company's Chairman Mo Wenhe said the firm is keen on replicating its China experience in Andhra Pradesh, in infrastructure development. "We are aware of AP's advantages of long coastline, natural and mineral resources," he was quoted as saying in a statement issued by the Chief Minister's Office here.

CHENNAI: Water may be a bone of contention between southern states, but if a high-level policy push gets through, wind farms in Tamil Nadu, the largest fleet in the country, may fuel industries in neighbouring states. The Ministry of New and Renewable Energy , the operators of the southern grid, Tamil Nadu's power board and wind farm entrepreneurs are in advanced discussions to link up the state's wind farms to the regional grid to put surplus power on the counter for power utilities and independent industries in Andhra Pradesh, Telangana , Karnataka , Kerala and Puducherry . The movement has infused some optimism in a few entrepreneurs who have seen a presumptive loss . 660 crore in 2013-14 over power of generated but not purchased because of back-downs and wild variations in wind power output.

CHENNAI: Rajalakshmi Group , which has set up engineering and technology colleges, has purchased 63MW of wind power from Hinduja Group flagship Ashok Leyland at Rs 170 crore as part of increasing its footprint in renewable energy. "Rajalakshmi Group, which bought last week 63 MW of windpower from Ashok Leyland for a consideration of Rs 170 crore expects to increase wind power capacity to 200 MW and also put up not less than 53 MW of solar energy in Tamil Nadu over the next four years," a press release said.